City
Epaper

Onion prices in Kolkata double in a week

By IANS | Updated: October 31, 2023 12:10 IST

Kolkata, Oct 31 Prices of onions in Kolkata have doubled in the past one week to be sold ...

Open in App

Kolkata, Oct 31 Prices of onions in Kolkata have doubled in the past one week to be sold at Rs 75-80 a kilogram in the retail markets.

Just a week back, the rates were between Rs 35 and Rs 40 per kilogram.

The recent surge in prices has left even the members of the task force of the state government constituted for keeping the prices of essential commodities in the retail market, perplexed.

Probably, said a member of the task forces, the double-factor of lesser supply and sudden spurt in the demand for the product during the last two weeks because of the festive season might be the reason for this sudden doubling of price in the retail markets.

The task force members apprehend that while there is not much possibility of the softening of the price of onion during the current month, apprehensions of further northward movement in price of the product are there because of the forthcoming festivals of Kali Puja, Diwali and Bhai Fota (Bhai Dooj) festivals.

Meanwhile, the state government sources said that there might be an attempt on part of the state government to keep the prices of onions in the retail markets under control through the release of the state government's own stock of the product.

The task force members and the sleuths of the Enforcement Branch (EB) of the state police have been asked to keep a close watch on the retails markets to prevent any attempt to artificially jack up the prices of onions as well as other vegetables there.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologyAdani Group to invest Rs 33,081 crore in Odisha in 3 projects, create 9,700 jobs: Karan Adani

EntertainmentImtiaz Ali reveals why he gravitated more towards A. R. Rahman than Pritam for ‘Main Vapas Aaunga’

BusinessAdani Group to invest Rs 33,081 crore in Odisha in 3 projects, create 9,700 jobs: Karan Adani

NationalAdani Group to invest Rs 33,081 crore in Odisha in 3 projects, create 9,700 jobs: Karan Adani

BusinessBisleri International Partners with Karan Aujla's P-Pop Culture India Tour 2026 as Official Beverage Partner

International Realted Stories

International"Iranians pessimistic of agrement, no good memories of America," says Iranian Professor Elham Kadkhodaee

InternationalIndia welcomes US-Iran ceasefire, hopes agreement will lead to lasting peace in West Asia

InternationalIran and US delegations to hold talks in Islamabad on April 10 in diplomatic push

InternationalDespite ceasefire announcement, India issues fresh advisory, urges nationals to leave Iran expeditiously

InternationalPalestinian envoy to India stresses peace, two-state solution as key to Middle East stability